Was contemplating trying my hand at trading the Nikkei, but was curious if it qualified for 60/40 tax treatment. Anyone know? I'd also be interested in a few of the big European contracts like the DAX and the ESTX50. P.S. - if it isn't obvious, I'm in the US.
I think at least a partial answer is at http://www.greencompany.com/EducationCenter/GTTRecForeignFutures.shtml#foreignfutures. It is a long answer but it concludes that the contracts on the exchanges they list are arguably eligible for 1256 treatment.